Ethereum archive nodes now take up 4 terabytes of space

Archive nodes running the Ethereum blockchain have now climbed to over four terabytes in size, nearly doubling in a year.

This value represents the total amount of data a user would need to download if they intend to run an archive node—a special type of full node that is running in archive mode. These archive nodes store a complete snapshot of the Ethereum blockchain, including all the transaction records that have ever happened, unlike typical full nodes, which simply record a ledger of verified transactions.

Archive nodes are not necessarily needed, since full nodes have a copy of all transactions but they are useful for certain tasks, such as finding out how the balance of an Ethereum address at a point in time.

Ethereum is the second biggest coin by market cap. Image: Shutterstock.

The two most popular ways of running Ethereum are Parity and Geth. The Parity chain now weighs 4,016 GB, while Geth’s is 3,949 GB.

The size of both the Parity and Geth archives have increased by around 13% since the start of 2020, at a moment when there was a large increase in Ethereum transactions. At this rate, Ethereum archive nodes are on track to hit 5,000 GB by the end of 2020.

In comparison, the Bitcoin blockchain currently weighs just 271 GB, despite being around for half a decade longer than Ethereum. Bitcoin’s blockchain stays smaller because it has a stricter limit on the number of transactions that can happen per block and it is typically used for standard payments rather than more complicated tasks like smart contracts.

According to Ethernodes, around 76% of Ethereum’s 5,942 nodes are currently running Geth, whereas 21% are on parity. Less than three percent of nodes run alternative clients, like Nethermind or OpenEthereum.

However, of these almost 6,000 nodes in operation, only a small fraction operate in archive mode, and most instead operate as a simple full node with pruning enabled to increase sync times. Full nodes only need to sync around 308 GB of…

Source Link